For saleSingle family

$65,000

819 1st Ave NW

Chisholm MN 55719

4 beds, 1 bath, 1,050 sqft

819 1st Ave NW is a 4 beds, 1 bath, 1,050 sqft single family home for sale at $65,000 in Chisholm MN 55719. At 20% down it rents for an estimated $1,550/mo and returns $1,086/mo a month at a 26.7% cap rate.

The deal math

Modelled at 20% down on a 30-year loan at current market rates, before management, vacancy and maintenance reserves.

Estimated rent
$1,550/mo
Monthly cash flow
$1,086/mo
Cap rate
26.7%
Cash-on-cash
100.2%
Max offer
$65,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

Loading